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OTHER REVENUES (EXPENSES), NET (Details) (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
License option fee (1) $ 250,000 [1] $ 0 [1] $ 250,000 [1] $ 0 [1]
Royalty income 0 6,028 (3,000) 14,598
Interest income 3,271 4,437 9,789 13,817
Interest expense (16,522) (18,670) (50,623) (57,134)
Other 119 (60) 61,480 (417)
Other revenues (expenses), net $ 236,868 $ (8,265) $ 267,646 $ (29,136)
[1] During the second quarter of 2013, we received a $250,000 exclusive option payment from a prospective partner for the development and marketing of Mast Out®. This payment was recorded as deferred revenue upon receipt. During the third quarter of 2013, this prospective partner decided not to execute a license after its final due diligence. Accordingly, the deferred revenue was recognized during the third quarter of 2013. At the same time, $47,604 in capitalized expenses pertaining to the development of Mast Out® were written off.